The average middle-class retiree is expected to spend about $6,200 to $6,300 per month, with healthcare, housing and insurance driving much of the increase. Here’s how much average middle-class ...
In retirement, overall spending tends to decrease with age. This phenomenon often occurs due to factors such as no longer having mortgage payments or car loans that get paid off over time, along with ...
The average monthly Social Security retirement benefits for a 62 year old equals $1,341.61 versus $2,148.12 for 70 year olds, according to Social Security Administration (SSA) data. However, there’s ...
Find out how much the average upper class retiree spends each month at age 82—and what it reveals about lifestyle, healthcare and financial planning.